Paris – June 21, 2019
On June 20, 2019, the Klépierre Executive Board decided to proceed with the cancellation of 2,828,962 Klépierre shares acquired between July 3, 2017, and July 25, 2017, as part of the share buyback program initiated in March 2017.
The Klépierre Executive Board took this decision in accordance with existing financial authorizations, specifically the one pertaining to capital reduction as per Resolution No. 13 approved by shareholders at the Combined General Meeting of April 16, 2019.
Pursuant to this decision, Klépierre’s issued share capital now stands at €426,432,494.60, consisting of 304,594,639 shares, each with a par value of €1.40 and one theoretical voting right.
Klépierre, the pan-European leader in shopping malls, combines development, property and asset management skills. The company’s portfolio is valued at €24.4 billion at December 31, 2018 and comprises large shopping centers in 16 countries in Continental Europe which together host 1.1 billion visitors per year. Klépierre holds a controlling stake in Steen & Strøm (56.1%), Scandinavia’s number one shopping center owner and manager. Klépierre is a French REIT (SIIC) listed on Euronext Paris and included in the CAC Next 20, EPRA Euro Zone and GPR 250 indexes. It is also included in ethical indexes, such as DJSI World and Europe, FTSE4Good, STOXX® Global ESG Leaders, Euronext Vigeo France 20 and World 120, and figures in CDP’s “A-list”. These distinctions underscore the Group’s commitment to a proactive sustainable development policy and its global leadership in the fight against climate change.
For more information, please visit the newsroom on our website: www.klepierre.com
|July 10, 2019||Final Dividend Payment|
|July 24, 2019||2019 First-Half Earnings (after market close)|
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